How regulation, policy reform can boost digital economy


Internet users in Lagos Nigeria

By Perpetua Onuegbu/Nannyam Domshal

Global Systems Mobile Association (GSMA) says modernised regulation and policy reform are crucial to boosting Nigeria’s digital economy and accelerating internet access through increased mobile broadband penetration.

Mr Akinwale Goodluck, the Head of GSMA Sub-Saharan Africa, said this at a one-day workshop with the theme `Future of Industry, Driving Innovation and Growth’’ in Abuja on Thursday.

According to him, GSMA research shows that the mobile market in Nigeria makes important contribution to the economy.

He said that “the mobile industry contributed 21 billion dollars to GDP in 2017, representing 5.5 per cent of Nigeria’s total GDP. In addition, the growth of Nigeria’s digital economy resulted in the creation of nearly 500,000 direct and indirect jobs.

“Accelerating Mobile Broadband Growth in the adoption of digital services by government, businesses and consumers has positive impact on…

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